Landmark Recreation Center

3225 N Dries Ln Peoria, IL 61604

3225 N Dries Ln, Peoria, IL, 61604
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FOR SALE
Property Type:
Other Hospitality
Amount:
$3,250,000
Last Verified:
Feb 07, 2024

Highlights

  • Fully operational, well maintained, long-time established & successful multi-venue entertainment complex.
  • Landmark Recreation Center encompasses several revenue streams which offers a unique investment opportunity.
  • Various investment packages could be available. Contact Broker for more information.
  • Landmark Health and Fitness (±54,000 sf) is a full service health & fitness center offering indoor track, swimming, racket ball, dance studios, tanning, private & group classes, childcare, and a licensed massage therapist.
  • Banquet Hall & Highly Flavored Restaurant (±28,680 sf) Highly Flavored is the on-site bar/restaurant that also provides catering and banquet-style gatherings of all sizes in the various sized event spaces within Landmark's banquet hall.
  • Landmark Lanes (±42,000 sf) is a 50-lane premier bowling center complete with BES-X Scoring System, redemption arcade, snack bar, and full-time mechanics.
  • Peoria Esports Complex (±6,700 sf) is housed here and offering ggCircuit stats shown on movie theater screens, online streams, and full length features. They host events from birthday parties & casual gaming to competitive tournaments.
  • Finally, the former movie theater (±26,000 sf) offers additional income opportunities with possible new tenants such as indoor storage or local music events housed in the sound-proof cinemas.
  • Sale Price: $3,250,000.00

Description

Recreation Center - Health Club, Restaurant, Bowling, EGaming, Banquet Facility, Cinema

This Peoria "landmark" is situated in the midst of one of the main thoroughfares through town. This area is comprised of mainly retail developments, office complexes, and surrounded by long-established residential neighborhoods. Nearby nationally recognized retailers include WalMart, Aldi's, Hobby Lobby, Ace Hardware, AutoZone, and many others. Additionally, many restaurants and medical/office complexes are located nearby. Access to I-74 is about .5 mile west.


Year Built: 1979
Building Size: 175102sq ft
Lot Size: 13.87 acres


Documents

Landmark

Map of 3225 N Dries Ln, Peoria, IL, 61604

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